Sec. 3.7. "Basis contract" means an agreement that establishes the difference between the flat price contract and a specified futures price of the same or a related commodity.
Ind. Code § 26-4-1-3.7
"Basis contract"
As added by P.L.114-2025, SEC.45.
Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.